How it works
From application to money in the account.
No mystery, no "an agent will reach out." Here is the entire process — including what happens inside underwriting — for both speeds of funding.
to an advance offer
to a funded term loan
Apply — about 5 minutes
One question per screen: how much you need, what it's for, the business, and the owner. No PDFs to fill out, no projections, and applying never touches your credit. Start by picking your amount right on the homepage.
Upload three bank statements
The last three months from your primary business operating account, as PDFs downloaded straight from your bank's portal — part of the same form, drag and drop. This is the entire initial file. How to put your best statements forward →
Underwriting reads your statements — immediately
The moment you submit, our engine parses every page: gross deposits vs. true operating revenue, deposit sources and cadence, daily balances, NSFs and negative days, and any existing financing positions. No analyst queue, no waiting for "the committee." Exactly what gets measured →
Your offer arrives by email
A private, secure link from [email protected] — typically within the hour for advances. The page shows your exact amount and side-by-side term options with total payback and estimated payments. It's a real offer, not a range. First email from us? Check spam and add us to contacts.
Verify — two documents
Right on your offer page: upload a photo of your driver's license and a voided check for the account we reviewed. For advances, that's the complete checklist. Larger term loans add a tax return, year-to-date P&L, and a debt schedule. The full term-loan timeline →
Sign and get funded
Click "request contracts" on your offer page; final underwriting runs and your agreement arrives by email for e-signature. Advances typically fund the next business day after signing — often same-day. Term loans wire at closing once conditions clear.
Inside step 3
What our underwriting actually measures.
No black box. These five signals, read from your three statements, decide the offer. Knowing them means you can predict — and improve — your own file.
Read the full guide| Signal | What "strong" looks like |
|---|---|
| True monthly revenue (not gross deposits) | $20K+ and stable or growing |
| NSFs across 3 months | 0–2 |
| Negative balance days | 0–3 |
| Average daily balance | Comfortably above one payment cycle |
| Revenue already committed to other funders | Under ~10% |
The honest comparison
Where the time goes, product by product.
| Sullivan advance | Sullivan term loan | Typical bank loan | |
|---|---|---|---|
| Amounts | $10K – $500K | $250K – $5M | Varies |
| Decision | ~1 hour | 1–3 days to term sheet | 2–6 weeks |
| Funding | Same / next day | 1 week – 2 months | 2–4 months |
| Credit pull to see an offer | None | None | Hard pull up front |
| Initial documents | 3 bank statements | 3 statements (+ financials later) | Tax returns, financials, projections, collateral |
After the offer
Your offer page does the rest.
Compare terms side by side
Every term option shows total payback and estimated payment — pick the one your cash flow likes.
Upload documents securely
Driver's license and voided check, straight from your phone. Encrypted, attached to your file only.
Request contracts in one click
When you're ready, the agreement comes to your email for e-signature. No chasing, no callbacks.
The first step takes five minutes.
Free, confidential, no hard credit pull, no obligation.
Start my application